Air India, AI Express, Alliance Air Incurred Loss Of Rs 17,032 Crore In April 2020-December 2021 Period: Govt

by PTI - Mar 31, 2022 01:58 PM +05:30 IST
Air India, AI Express, Alliance Air Incurred Loss Of Rs 17,032 Crore In April 2020-December 2021 Period: GovtAn Air India flight (Pic Via Wikimedia Commons)

New Delhi, Mar 31 (PTI) Air India, Air India Express and Alliance Air suffered a total loss of Rs 17,032 crore between April 2020 and December 2021, Civil Aviation Minister Jyotiraditya Scindia said in the Lok Sabha on Thursday.

He said the highest loss was incurred by the now privatised Air India with Rs 9,373 crore loss in 2020-21 and Rs 6,927 crore in 2021-22 (upto December 2021).

Air India Express incurred Rs 184 crore profit in 2020-21 and Rs 161 crore loss in 2021-22 (till December 2021), he said during the Question Hour.

The minister said Alliance Air's loss was Rs 440 crore in 2020-21 and Rs 315 crore in 2021-22 (till December 2021).

Air India and Air India Express were taken over by the Tata Group early this year.

(This story has been published from a wire agency feed without any modifications to the text. Only the headline has been changed.)

Get Swarajya in your inbox everyday. Subscribe here.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Comments ↓
Get Swarajya in your inbox everyday. Subscribe here.
Advertisement

Latest Articles

    Artboard 4Created with Sketch.